NOOT !: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NOOT !
Largest movements
- Tangible fixed assets -€10,370
down €10,370 (-32.9%), from €31,519 to €21,149
- Receivables within one year -€9,905
down €9,905 (-42.0%), from €23,565 to €13,660
of which Trade receivables: -€8,365
- Cash +€1,294
up €1,294 (+6.7%), from €19,233 to €20,526
mainly Depreciation (+€16,908) and Receivables within one year (+€9,905)
- Reserves -€14,000
down €14,000 (-24.0%), from €58,448 to €44,447
- Trade debts -€4,332
down €4,332 (-63.5%), from €6,822 to €2,489
- Other debts -€980
down €980 (-17.5%), from €5,613 to €4,633
- Gross operating margin -€14,242
down €14,242 (-71.8%), from €19,846 to €5,604
- Other operating charges +€1,038
up €1,038 (+179%), from €581 to €1,619
- Taxes -€537
down €537 (-78.1%), from €687 to €151
- Depreciation -€419
down €419 (-2.4%), from €17,327 to €16,908
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,629 | €58,990 | -€19,639 | -25.0% |
| Fixed assets | 21/28 | €33,679 | €23,309 | -€10,370 | -30.8% |
| Tangible fixed assets | 22/27 | €31,519 | €21,149 | -€10,370 | -32.9% |
| Furniture and vehicles | 24 | €31,519 | €21,149 | -€10,370 | -32.9% |
| Financial fixed assets | 28 | €2,160 | €2,160 | = | 0.0% |
| Current assets | 29/58 | €44,949 | €35,681 | -€9,268 | -20.6% |
| Amounts receivable within one year | 40/41 | €23,565 | €13,660 | -€9,905 | -42.0% |
| Trade receivables | 40 | €18,147 | €9,782 | -€8,365 | -46.1% |
| Other amounts receivable | 41 | €5,419 | €3,878 | -€1,540 | -28.4% |
| Cash at bank and in hand | 54/58 | €19,233 | €20,526 | +€1,294 | +6.7% |
| Deferred charges and accrued income | 490/1 | €2,151 | €1,495 | -€656 | -30.5% |
| Total equity and liabilities | 10/49 | €78,629 | €58,990 | -€19,639 | -25.0% |
| Equity | 10/15 | €61,448 | €47,447 | -€14,000 | -22.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €58,448 | €44,447 | -€14,000 | -24.0% |
| Distributable reserves | 133 | €58,448 | €44,447 | -€14,000 | -24.0% |
| Amounts payable | 17/49 | €17,181 | €11,543 | -€5,638 | -32.8% |
| Amounts payable within one year | 42/48 | €17,181 | €11,543 | -€5,638 | -32.8% |
| Trade debts | 44 | €6,822 | €2,489 | -€4,332 | -63.5% |
| Suppliers | 440/4 | €6,822 | €2,489 | -€4,332 | -63.5% |
| Taxes, remuneration and social security | 45 | €4,746 | €4,421 | -€326 | -6.9% |
| Taxes | 450/3 | €4,746 | €4,421 | -€326 | -6.9% |
| Other amounts payable | 47/48 | €5,613 | €4,633 | -€980 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,327 | €16,908 | -€419 | -2.4% |
| Other operating charges | 640/8 | €581 | €1,619 | +€1,038 | +179% |
| Gross operating margin | 9900 | €19,846 | €5,604 | -€14,242 | -71.8% |
| Operating profit (loss) | 9901 | €1,938 | -€12,923 | -€14,861 | |
| Financial income | 75/76B | €253 | €101 | -€152 | -60.1% |
| Recurring financial income | 75 | €253 | €101 | -€152 | -60.1% |
| Financial charges | 65/66B | €1,044 | €1,028 | -€16 | -1.5% |
| Recurring financial charges | 65 | €1,044 | €1,028 | -€16 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €1,147 | -€13,850 | -€14,997 | |
| Income taxes | 67/77 | €687 | €151 | -€537 | -78.1% |
| Profit (loss) for the period | 9904 | €460 | -€14,000 | -€14,461 | |
| Profit (loss) for the period to be appropriated | 9905 | €460 | -€14,000 | -€14,461 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.